India, Aug. 18 -- In India, a good chunk of working professionals are salaried, and for those hundreds, the monthly paycheck is what keeps the engine running. With it comes a lifestyle, EMIs, bills, social life, and responsibilities.

While that salary may give a sense of comfort, beneath it is a central question that surfaces for salaried individuals in their late 20s or early to mid 30s: Is the Indian middle class prepared for what retirement has in store for it?

Swarup Mohanty, vice chairman and CEO of Mirae Asset Investment Managers, during a podcast with Finnovate, gave a reality check to professionals delaying their retirement and investment plans.

"At 35, one should realise that one is going to live very long. And at one point of...